So I'm a foreigner living in the Philippines and have been funding my stay using coins.ph, but I wanted to open a bank account in order to invest in condos but the banks have been rejecting my account applications on the grounds that my source of income is bitcoin.
Any suggestions? Any bitcoin friendly banks here?
Some banks are so strict that they started rejecting new customers. It seems that they don't want additional work because it will be another work for them. The same thing happened to me before, they asked a lot of questions and asking a lot of requirement - its PS bank, BPI and BPO.Haha. I would recommend that you try to apply online using Union EON card portal. This is more convenient for you and the process was really fast. Please refer to the link below for more details. Hope this helps and good luck.
https://www.moneymax.ph/blog/how-to-apply-for-an-eon-visa-debit-card-online